OverviewSuggest Edit

Milaha (also known as Qatar National Navigation and Transport) is a maritime and logistics company. It operates through five segments: Capital, Maritime & Logistics, Offshore, Trading, and Gas and Petrochem. The Capital segment provides corporate finance advisory services, and manages the portfolio of financial and real estate investments. The Maritime & Logistics segment offers logistics, warehousing, container feeder shipping, non-vessel operating common carrier operations, bulk shipping, shipping agencies, port management and operations, shipyard, and steel fabrication services. The Offshore segment provides offshore support services to the oil and gas industry through a fleet of offshore service vessels, which include safety standby vessels, anchor handling tugs, crew and workboats, and dynamic positioning vessels, as well as saturation diving services. The Trading segment trades in trucks, heavy equipment, machinery, and lubrication brands, offers after-sales service, and owns and operates a travel agency. The Gas and Petrochem segment owns, manages, and operates a fleet of LPG and liquefied natural gas carriers, and provides ocean transportation services to international energy and industrial companies.
TypePublic
Founded1957
HQDoha, QA
Websitemilaha.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2019)4,004(-2%)
Revenue (FY, 2020)﷼2.3 B(-5%)
Share Price (May 2021)﷼7.5
Cybersecurity ratingDMore

Key People/Management at Milaha

Abdulrahman Essa Al-Mannai

Abdulrahman Essa Al-Mannai

President & Chief Executive Officer
Jassim bin Hamad bin Jassim Jaber Al-Thani

Jassim bin Hamad bin Jassim Jaber Al-Thani

Chairman
Khalid bin Khalifa bin Jassim Fahad Al-Thani

Khalid bin Khalifa bin Jassim Fahad Al-Thani

Vice Chairman
Alkram Bashir Iswaisi

Alkram Bashir Iswaisi

Executive VP Finance & Investments
Saleh Abdulla Alharoon

Saleh Abdulla Alharoon

Executive VP Support Services
Gautam Bellur

Gautam Bellur

Executive VP Corporate Development & Strategy
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Milaha Office Locations

Milaha has an office in Doha
Doha, QA (HQ)
East Industrial Road Umm Al Saneem Area Street No. 523, Zone 56
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Milaha Financials and Metrics

Milaha Revenue

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View revenue for all periods
Milaha's revenue was reported to be ﷼2.27 b in FY, 2020 which is a 5.6% decrease from the previous period.
QAR

Revenue (FY, 2020)

2.3b

Revenue growth (FY, 2019 - FY, 2020), %

(5.6%)

Gross profit (FY, 2020)

1.4b

Gross profit margin (FY, 2020), %

62.9%

Net income (FY, 2020)

59.2m

EBIT (FY, 2020)

278.8m

Market capitalization (11-May-2021)

8.5b

Closing stock price (11-May-2021)

7.5

Cash (31-Dec-2020)

306.3m

EV

10.6b
Milaha's current market capitalization is ﷼8.5 b.
Annual
QARFY, 2018FY, 2019FY, 2020

Revenue

2.4b2.4b2.3b

Revenue growth, %

(1%)(6%)

Cost of goods sold

941.3m978.1m840.3m

Gross profit

1.5b1.4b1.4b
Quarterly
QARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

697.8m555.9m556.6m708.2m549.8m572.8m689.9m534.8m487.1m

Cost of goods sold

226.1m238.0m225.4m218.2m261.4m248.6m202.5m199.3m187.7m

Gross profit

471.7m317.9m331.2m490.0m288.3m324.3m487.4m335.6m299.4m

Gross profit Margin, %

68%57%60%69%52%57%71%63%61%
Annual
QARFY, 2018FY, 2019FY, 2020

Cash

127.4m177.8m306.3m

Accounts Receivable

379.4m341.9m278.3m

Inventories

121.6m81.1m77.6m

Current Assets

1.7b1.2b1.7b
Quarterly
Annual
QARFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

284.3m275.8m267.7m

Inventories

(23.1m)47.8m3.7m

Accounts Payable

(26.7m)(3.6m)48.2m

Cash From Operating Activities

510.8m554.2m520.0m
Quarterly
QARQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Depreciation and Amortization

80.3m139.9m210.8m92.5m142.4m208.2m92.3m135.5m204.0m

Inventories

(12.3m)(40.8m)(41.2m)14.1m20.1m22.3m(9.5m)(15.4m)(19.2m)

Accounts Payable

(74.5m)5.5m(26.5m)(20.0m)54.7m(28.3m)(36.7m)(60.9m)(11.8m)

Cash From Operating Activities

191.6m325.2m504.8m155.1m334.5m406.8m76.9m197.0m408.1m
QARQ1, 2018

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.4 x
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Milaha Operating Metrics

FY, 2017FY, 2018FY, 2019

Vessel Fleet (Maritime and Logistics)

797

Vessel Fleet (Gas and Petrochem)

35356

Vessel Fleet (Offshore)

374571

Vessel Fleet (Container Shipping, Maritime and Logistics)

686
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Milaha Acquisitions / Subsidiaries

Company NameDateDeal Size
Aliago W.L.L.
Halul 100 L.L.C.
Halul 101 L.L.C.
Halul 49 L.L.C.
Halul 68 L.L.C.
Halul 69 L.L.C.
Halul 70 L.L.C.
Halul 71 L.L.C.
Halul 80 L.L.C.
Halul 81 L.L.C.
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Milaha Revenue Breakdown

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Milaha revenue breakdown by business segment: 33.9% from Milaha Maritime and Logistics, 33.6% from Milaha Offshore, 13.1% from Milaha Gas and Petrochem, 16.1% from Milaha Capital and 3.2% from Other

Milaha revenue breakdown by geographic segment: 8.3% from Germany, 80.2% from Qatar, 9.5% from UAE and 2.0% from Other

Milaha Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Milaha Online and Social Media Presence

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Milaha News and Updates

Milaha to bolster its ship chandelling services

Milaha has effectively managed liquidity and continued to invest in future growth opportunities as it seeks to strengthen its ship chandelling services, thus helping vessels operating or calling ports in Qatar to lower the operational costs.

Milaha’s Annual General Assembly Meeting Approved Distribution of 30% Cash Dividend

Milaha held its Annual General Assembly Meeting today at Milaha headquarters, during which Shareholders ratified all items on its agenda and approved the Company’s financial statements for the year ended December 31, 2020. During the General Assembly Meeting, the Shareholders approved the recomme…

Milaha Reports Qar 59m in Net Profit for Full Year 2020

Operating revenues of QAR 2.27 billion for the twelve months ended December 31, 2020, compared to QAR 2.42 billion for the same period in 2019 Operating profit of QAR 279 million for the twelve months ended December 31, 2020, compared to QAR 283 million for the same period in 2019 Net profit of QA…

Milaha Organized Various Virtual Sports Activities to Celebrate Qatar National Sports Day

Given its awareness of the growing role of sports in enhancing the physical and mental health of its employees, Milaha, Qatar’s leading Maritime and Logistics provider, has organized various virtual sports events on the occasion of Qatar National Sports Day, which is considered an unprecedented, uni…

Milaha Wins Prestigious British Safety Council Awards

In recognition of its commitment to “world-class” health, safety and environmental management standards, Milaha, Qatar’s leading Maritime and Logistics Service provider, has been awarded from the British Safety Council the prestigious “Sword of Honour” for a third consecutive year and the “Globe of …

Milaha Signs Managed Services Contract With Malomatia to Enhance Cybersecurity

Given its commitment to data protection and cybersecurity resilience; “Milaha”, Qatar’s leading Maritime and Logistics Service provider, has signed a 3-years partnership contract with “Malomatia”, the leading provider of Information Technology Services and Solutions, for the provision of cybersecuri…

Milaha Frequently Asked Questions

  • When was Milaha founded?

    Milaha was founded in 1957.

  • Who are Milaha key executives?

    Milaha's key executives are Abdulrahman Essa Al-Mannai, Jassim bin Hamad bin Jassim Jaber Al-Thani and Khalid bin Khalifa bin Jassim Fahad Al-Thani.

  • How many employees does Milaha have?

    Milaha has 4,004 employees.

  • What is Milaha revenue?

    Latest Milaha annual revenue is ﷼2.3 b.

  • What is Milaha revenue per employee?

    Latest Milaha revenue per employee is ﷼566.3 k.

  • Who are Milaha competitors?

    Competitors of Milaha include Gulf Warehousing, Matson and Hamburger Hafen und Logistik (HHLA).

  • Where is Milaha headquarters?

    Milaha headquarters is located at East Industrial Road Umm Al Saneem Area Street No. 523, Zone 56, Doha.

  • Where are Milaha offices?

    Milaha has an office in Doha.

  • How many offices does Milaha have?

    Milaha has 1 office.